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This is a leasehold property. This popular short-term rental is close to the ocean and the Kona Pier and is a favorite for guests that want to walk instead of drive.
County of Hawaii STVR permit is active for the current owner this condo.
Short-term rentals, long-term rentals, and pets are allowed at Kona Kai. STVR permits are available via the County of Hawaii.
OFFERS MUST BE CASH due to the leasehold status. Quick close is available.
The leasehold payments are shown monthly at $323 and are paid every 6 months to the Queen Liliuokalani Trust. The $508 AOAO dues are collected monthly by Associa on behalf of the Kona Kai AOAO. Fees include pool and common area maintenance, gas for cooking and hot water, water heaters, exterior maintenance, landscaping, common area insurance, rubbish removal, and quarterly pest control.
The current lease is set to expire at the end of 2034. This is the second 30-year lease term. The next renegotiation is in 2029.

Property Details of 74-5618 Palani Rd

Property Details

Interior Features

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Listed by Rebecca Clancy of Hawaii Real Estate Group LLC

 "Based on information submitted to <PUT MLS NAME HERE> as of December 1, 2022 7:30 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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